NEW YORK, NY -- (Marketwire) -- 12/06/12 -- The Bedford Report has released new equity reports today. As a leading provider of free in depth reports and timely market updates, Bedford is an essential resource for hundreds of thousands of investors across the country.

Citigroup Inc. (NYSE: C) shares surged 7 percent on over 61 million shares traded Wednesday. The company has reported that it plans to cut 11,000 jobs which will result in a $1 billion fourth-quarter charge.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) shares declined over 15 percent on nearly 10 times the average daily volume Wednesday. The company has reported that it plans to purchase both McMoRan and Plains Exploration & Production Co. for a total of $9 billion.

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